Volume 4 Issue 15, July 18, 2017
Nonprofit healthcare organizations are undergoing their most significant evolution of the past half century. At the core are fundamental dynamics that are changing the payment for their services in the future. Many nonprofit leaders have decided their hope lies in size and the data tells the tale. Bain + Company recently reported that 16 of 21 major healthcare transactions in Q1 2017 involved nonprofit partners, an unprecedented statistic. As further evidence, VERTESS has been increasingly engaged to facilitate a variety of nonprofit affiliations, absorptions, and acquisitions in the past year.
Based on this experience, we believe the following factors are at the heart of this dramatic marketplace activity:
In our experience, each nonprofit has its unique culture and legacy that the organization seeks to retain. We believe that this mission can be maintained while creating effective partnerships and affiliations to ensure a future for needed services.
Thoughtful shopping for the right match with professional assistance can be much more than a survival proposition. It can lead to a future where the original nonprofit mission can thrive while offering great services to its customers.
Tom was the Founder and Managing Partner of VERTESS. He was a Certified Merger & Acquisition Advisor (CM&AA), consultant, and Licensed Psychologist with over 35 years of very successful national experience in the healthcare marketplace, including co-founding and building a $25 million behavioral health/disabilities services company. Tom represented sellers and investors across the healthcare spectrum and was recognized for his executive leadership in the 2005 Entrepreneur of the Year issue of Inc. Tom passed away in December 2018.